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Chief Financial Officer

3 months ago

New Albany, United States Red Roof Inn Full time

The Chief Financial Officer (CFO) plays a crucial role in overseeing the financial operations and strategy of the organization. This individual manages the companys cash management, investments, risk and compliance, financial planning, budgeting, forecasting, and reporting. The CFO works closely with the other senior executives to guide the organizations financial decisions and ensure its longterm financial stability and growth

Duties and Responsibilities

Develop and implement financial strategies to support the organizations goals and objectives

Oversee the preparation of annual budgets, financial forecasts, and financial models

Analyze financial data and market trends to provide insights and recommendations to senior management

Manage the organizations financial operations, including accounting, budgeting, and cash flow management

Ensure compliance with local and national financial regulations and standards

Monitor financial performance and make adjustment as needed to achieve financial targets

Identify and mitigate financial risks through effective risk management and stakeholders

Implement internal controls and procedures to safeguard the organizations assets

Prepare and present financial reports to senior management and stakeholders

Ensure timely and accurate financial reporting in accordance with regulatory requirements and company policies

Collaborate with senior executives in strategic planning and decisionmaking process

Lead and mentor the finance and accounting teams, promoting professional growth and development

Foster a culture of accountability, transparency, and collaboration within the finance and accounting departments.

Lead merger and acquisition on behalf of the company

Analyze potential deals with financial incentives to protect the companys best interest

Work with external auditors for the timely completion of audits and with tax advisors on timely submission of tax returns and proper tax planning

Qualifications

Bachelors degree in Finance, Accounting, or a related field; Masters degree or CPA preferred

Proven experience as a CFO or similar leadership role in the hospitality industry.

Strong financial acumen with deep understanding of financial planning, analysis and reporting

Excellent leadership skills, with steadfast resolve and personal integrity

Understanding of advanced accounting, regulatory issues and tax planning

Exceptional verbal, written, and visual communication skills

Ability to work effectively in a fast paced environment and adapt to changing priorities

Experience in mergers and acquisitions and investor relations preferred

Direct Reports

Vice President, Finance

Director, Finance

Director, Accounting

Controller